Soundwaves of Tomorrow: Warner Music and Polygon Labs’ unveil Music Accelerator Program.

Collectors Portal
Coinmonks
5 min readAug 15, 2023

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Tune into the Future: An article by Rolo

Warner Music Group and Polygon Labs Unveil Music Accelerator Program

Hey there, fellow music enthusiasts and tech aficionados! If you’re someone who gets both their toes and their bytes tapping to the rhythm of innovation, boy, do we have a treat for you! Imagine a world where music and technology dance hand in hand, creating a harmony that echoes across industries. Well, guess what? Warner Music Group and Polygon Labs have just taken the stage together to unveil their mind-blowing Music Accelerator Program! 🎶

So, hold on to your headphones and get ready to dive into the future of music innovation — in the grooviest way possible!

What’s the Hype All About?

Okay, so imagine you’re at a hip music festival where artists are rocking the stage, and the crowd’s energy is palpable. Now, add a sprinkle of cutting-edge tech magic to that scenario, and voilà — you’ve got the essence of the Music Accelerator Program. Warner Music Group, the folks behind some of your favorite tunes, have teamed up with the genius minds at Polygon Labs to create an accelerator program that’s all about spicing up the music industry with a dash of tech wizardry! The announcement was made June 28th 2023 by the Official Polygon Labs.

Tuning into the Details

Let’s dive into the nitty-gritty, shall we? This program isn’t just about jamming out to killer beats — it’s about fostering innovation at the intersection of music and technology. Picture this: up-and-coming artists collaborating with tech maestros to cook up a symphony of groundbreaking ideas. Together, they’ll be cooking up (Dapps) Decentralized Applications Platforms, and experiences that’ll leave you saying, “Wait, that’s a thing?!”

WMG’s Chief Digital Officer Oana Ruxandra said the record label conglomerate seeks to empower its Musicians and lyricists to “build, activate, engage, and monetize their communities in this next era of music creation and consumption” with the new accelerator program.

Think about it — an app that curates your perfect playlist based on your mood and the weather outside. Or perhaps a virtual reality concert experience that lets you vibe with your favorite artist as if you’re right there in the front row, all from the comfort of your couch. It’s like they’re bringing tomorrow’s music scene straight to your ears today! The Possibilities are endless, it really relies on how far your imagination is willing to go. Are you a developer? How creative & captivating will your product be?

Why Does It Matter?

Now, you might be thinking, “Hey, I just want good music. Why all the tech jazz?” Well, my friends, it’s about pushing boundaries and exploring new frontiers. Just like your favorite artists experiment with genres and sounds, the music industry itself is ready to groove to the beat of innovation. And who knows — maybe the next big thing in music won’t just be a chart-topping song; it might be a mind-blowing tech marvel that changes the way we experience music altogether! If your a Musician/Artist then Blockchain & Music NFT’s is your Blue Ocean Strategy my friend. No more having to settle for fractions of a penny per stream. People out there are already working on developing decentralized streaming platforms, some of you might even spark ideas out of this read & want to meet like minded individuals. Which is exactly why I write these articles. Join the Conversation after this read with any thoughts you may have.

Just for some perspective here are some updated stream per payouts of 2023 on centralized platform we already use today.

The payout for each stream on Spotify can range from $0.003 to $0.005. which averages $300–$500 every 100,000 Streams.

Compared to Spotify, Apple Music pays Slightly more per stream. The exact amount varies from $0.006 to $0.008 per stream. This means you can earn $600-$800 every 100,000 streams.

Tidal, pays artists one of the highest rates per stream, ranging from $0.0125 to $0.015 per stream. So you have a chance to earn a whopping $1,250-$1500 for every 100,000 streams on Tidal.

YouTube Music on the other hand actually pays even less than Spotify — between $0.001 and $0.003 per stream on average. That’s around $100-$300 for every 100,000 streams.

Amazon Music pays artists $0.004 and $0.007 per stream on average. This means you can earn $400-$700 for every 100,000 streams.

Deezer pays artists between $0.005 and $0.007 per stream on average, so you can earn $500-$700 for every 100,000 streams.

Napster, one of the oldest music streaming services, pays artists between $0.019 and $0.021 per stream on average. That’s $1,900-$2,100 for every 100,000 streams — the highest rate per stream out of all other music streaming services. Which doesn’t surprise me if you know the history of Napster.

Closing Thoughts

So there you have it, fellow groove-seekers! The Warner Music Group and Polygon Labs Music Accelerator Program is like a backstage pass to the future of music. It’s like they’ve taken the magic of melodies and infused it with the spark of tech brilliance. So, keep an ear out for those innovative beats that’ll soon be hitting the airwaves, and remember — the music of tomorrow is being composed today, right at the crossroads of music and technology!

Until then, keep those headphones on and your curiosity cranked up to eleven-thousand. Who knows what audacious symphonies of creativity await us in this fascinating journey of music and tech colliding?

And there you have it, the freshest scoop on the electrifying collaboration between Warner Music Group and Polygon Labs, where music and technology are waltzing into the future hand in hand. If you’re hungry for more insightful updates like this, a world of exciting discoveries awaits. By becoming a Medium member, you’re not just gaining access to a treasure trove of the latest blockchain and related topics by Following Collectors Portal, but you’re also contributing to the spread of knowledge. Your support fuels the fire of curiosity and ensures that enlightening insights like these continue to circulate far and wide. Remember, the journey into the intersection of music and tech has only just begun, and your presence makes it all the more vibrant. So, let’s keep the conversation in rhythm and the learning journey evolving! 🎶🔗

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